Tag: Debt Free Posts

And The First One Falls


I’ve been waiting for a rather big cheque to finish clearing in my account this past week. I woke up this morning, logged into my online banking, and noticed it had cleared, so I decided I would finally make the call I have waited almost ten years to make, and pay off my first student loan. At one point I had nearly $40,000 in student loans, something that seems almost insurmountable when you finish school. But unfortunately, that is the high price of an education nowadays, and banks sure don’t seem to mind capitalizing on that. Back in March I paid the final $8,000 of my car, and today I placed the call to pay off the final $9,348.45 of my Royal Bank student loan. So assuming the transaction occurs tomorrow, I’ll be free of that massive beast once and for all sometime tomorrow. I was actually a bit surprised […]